55,752 Shares in BlackRock MuniHoldings Fund, Inc. $MHD Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC purchased a new stake in BlackRock MuniHoldings Fund, Inc. (NYSE:MHD) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 55,752 shares of the company’s stock, valued at approximately $655,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Hilltop National Bank purchased a new stake in shares of BlackRock MuniHoldings Fund during the 2nd quarter worth approximately $45,000. Geneos Wealth Management Inc. raised its stake in BlackRock MuniHoldings Fund by 389.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 4,657 shares of the company’s stock worth $55,000 after acquiring an additional 3,706 shares in the last quarter. Plancorp LLC purchased a new stake in BlackRock MuniHoldings Fund in the second quarter valued at $112,000. World Investment Advisors purchased a new stake in BlackRock MuniHoldings Fund in the second quarter valued at $115,000. Finally, Goldman Sachs Group Inc. acquired a new position in BlackRock MuniHoldings Fund in the first quarter valued at $118,000.

BlackRock MuniHoldings Fund Price Performance

BlackRock MuniHoldings Fund stock opened at $11.86 on Friday. BlackRock MuniHoldings Fund, Inc. has a fifty-two week low of $10.79 and a fifty-two week high of $12.34. The stock has a 50-day simple moving average of $11.70 and a 200-day simple moving average of $11.50.

BlackRock MuniHoldings Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be given a dividend of $0.0595 per share. This represents a c) dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Friday, March 13th.

BlackRock MuniHoldings Fund Profile

BlackRock MuniHoldings Fund (NYSE:MHD) is a closed-end management investment company focused on delivering tax-exempt income through a diversified portfolio of municipal securities. The fund’s primary objective is to seek current income exempt from federal income tax, making it a potential option for investors looking to enhance after-tax yield in a fixed-income allocation.

The fund invests predominantly in investment-grade municipal bonds issued by state and local governments, authorities and agencies across the United States.